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Interest Rate on Bank Loans (Local Currency) in Montenegro

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 5.76% in 2021 in Montenegro, according to the National Central Bank. This is 2.47% less than in the previous year.

Historically, interest rate on bank loans in Montenegro reached an all time high of 12.4% in 2005 and an all time low of 5.76% in 2021.

Montenegro has been ranked 65th within the group of 94 countries we follow in terms of interest rate on bank loans.

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